Business

4 bond fund options in case rates rise

The shorter the average maturity duration of bonds in a portfolio, the less vulnerable the fund will be to rising rates.

By MARK JEWELLAP Personal Finance Writer

BOSTON — Super-low interest rates will eventually rise, and when they do, bond investors could be stuck with losses.

It's a warning that's been heard frequently in recent years. Often, it's coupled with a reminder of the huge amount of cash — more than $1 trillion — that bond mutual funds have attracted in the past five years.